Tourist arrivals improve in May, still below 2025 levels
Tourist arrivals in Cyprus improved in May, but were still below year-ago levels for the third consecutive month, with cancellations drastically impacting hotel bookings and airline reservations cancelled after the US and Israel attacked Iran on February 28. A lone drone attack on the British base
Safe-haven flows dominate the action in financial markets at the beginning of the new week as tensions in the Middle East escalate
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Tourist arrivals in Cyprus improved in May, but were still below year-ago levels for the third consecutive month, with cancellations drastically impacting hotel bookings and airline reservations cancelled after the US and
Read MoreEconomic sentiment in Cyprus improved for the third consecutive month, rising marginally in June, on improved business and consumer confidence, according to
By Chris Michael The new leadership of the North Atlantic Treaty Organisation appears to be evolving into a catalyst for fresh tensions
By Chris Michael Hamas is officially designated as a terrorist organisation by the European Union and its 27 member states. For many
Business
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SpaceX is currently targeting a valuation of at least $1.8 trln through its upcoming initial public offering, with investors raising doubt whether there is enough demand this summer. “Markets are about to discover whether investor appetite for AI and tech is
Read MoreThe blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon,
SpaceX’s IPO filing – the biggest in history – shows AI’s next trillion-dollar trade is infrastructure, not software, affirms the CEO of
Cyprus is gradually placing itself as a niche player in the world cinema market, with a number of boutique production houses developing
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By Jason Webb If more confirmation were needed of the funereal state of Spain's economy, it can be found in the shape of The Debt Collector in Top Hat and Tails. That's
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Safe-haven flows dominate the action in financial markets at the beginning of the new week as tensions in the Middle East escalate further. The economic calendar will not feature any high-tier macroeconomic
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Tourist arrivals in Cyprus improved in May, but were still below year-ago levels for the third consecutive month, with cancellations drastically impacting hotel bookings and airline reservations cancelled after the US and
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By Chris Michael The European Union appears to be gradually laying the groundwork for a more active role in future negotiations over
By Chris Michael The new leadership of the North Atlantic Treaty Organisation appears to be evolving into a catalyst for fresh tensions
The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
By Chris Michael Hamas is officially designated as a terrorist organisation by the European Union and its 27 member states. For many
By Chris Michael The steadily rising tensions in the eastern Mediterranean and Turkey’s revisionist ambitions are prompting Greece and Cyprus to undertake
Energy
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The benchmark West Texas Intermediate crude oil traded around $72 on Friday, up 0.42% on the day, but remained in a consolidation phase after reaching a two-week high earlier this week. Investors are assessing mixed signals from the Middle East, balancing ongoing
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Oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a
The benchmark crude West Texas Intermediate (WTI), futures on NYMEX, soared 3.2% to near $74.30 during the European trading session on Wednesday,
The announcement of an interim agreement between the US and Iran has triggered an immediate and dramatic reaction in world energy markets.
World
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Safe-haven flows dominate the action in financial markets at the beginning of the new week as tensions in the Middle East escalate
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The benchmark West Texas Intermediate crude oil traded around $72 on Friday, up 0.42% on the day, but remained in a consolidation
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Gold nursed minor losses on Friday with price action contained within Thursday’s $4,100 trading range, set for 1.6% weekly depreciation. Precious metals
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Oil markets are sending the wrong signal by treating the latest attacks on commercial shipping in the Strait of Hormuz as a
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Maritime
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Even if Donald Trump frees ships in the Strait of Hormuz, supply chains face a growing “latency shock” that will weigh on the world economy, Nigel Green, CEO of leading financial advisory deVere Group has warned. Crude oil prices fell
Read MoreCyprus is determined to climb the ladder of maritime centre world rankings, by enhancing digital transition, aspiring to become a cruise hub,
By Michalis Vasiliou Alternative credit is one of the fastest-growing segments in the European funds industry, while the IMF estimates the worldwide
The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting
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By Chris Michael Cyprus President Nikos Christodoulides’ visit to India last month represents one of the
Armenia goes to the polls on Sunday with just one of two outcomes expected – returning
To debut at Vinoble in Jerez, Spain, this weekend Commandaria, the ‘wine of kings’ from Cyprus
Cyprus voters go to the polls on Sunday to elect their next parliament, in what will
“Join us and become part of a historic effort to turn the tide for Sourp Magar
